Fu Heng Warehouse, one of six properties in EC World REIT's initial portfolio. (Photo: EC World REIT)

EC World REIT is witnessing the departure of yet another member in its senior management team.

The REIT disclosed on 26 December that Tng Chin Hwee, 51, who served as the REIT’s chief financial officer (CFO) since January 2017, is stepping down.

His last day with the REIT will be 31 December 2019, and he is leaving the organisation to pursue personal interests, the manager added.

Tng’s departure is the latest in a series of senior leadership changes that have occured at EC World REIT’s manager since its listing.

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By Shariffa Al-Habshee

Shariffa joined REITsWeek in 2017, and monitors Asia-Pacific REITs for the publication.